April 26, 2021

On April 21, 2021, Home Savings and Loan Association of Carroll County, F.A., Norborne, Missouri, entered into an agreement pursuant to which it will acquire NBH Bank’s branch office located in Carrollton, Missouri. Home Savings and Loan is expected to acquire approximately $27.1 million of deposits and approximately $2.0 million of loans.

Luse Gorman is legal counsel to Home Savings and Loan in the transaction. The Luse Gorman team consists of Thomas Hutton and Victor Cangelosi.

Home Savings and Loan is a federal mutual savings association that operates from its main office in Norborne, Missouri, and from its branch office in Carrollton, Missouri.

Luse Gorman has acted as counsel on more than 100 bank M&A transactions during the past five years and more bank M&A transactions than any other law firm in the nation over the past 20 years. To learn more about our mergers and acquisitions practice, please visit our website.